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The Format wars for the next generation DVD’s are over. Blu-ray backed by Sony Corp. has finally managed to trump Toshiba backed HD-DVD. Toshiba finally gave up yesterday, and the decision that Toshiba took was an “agonizing decision” that Toshiba had to take, says Toshiba president Atsutoshi Nishida. But then this decision had to be taken in the best interests of the company.

The tipping point came when Warner Bros. decided to join Sony Pictures Entertainment, MGM, Disney, 20th Century Fox, New Line Cinema and Lionsgate to support Blu-ray as the official format, making about 75% of all new movie releases available on Blu-ray. After that Blockbuster, Netflix and Wal-Mart all dropped support for HD DVD, and Best Buy also said it would favor Blu-ray.

But that battle for HD Video has just begun……

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Amidst all the media frenzy on the Yahoo acquisition, and the protesting Flickr Users opposing the Micr0s0ft takeover, we have yet another rumor from Dan Faber at ZDNet who believes that Flickr would be debuting its video service in the coming months. This isn’t all that surprising, its been there forever in the rumor mills but its timing has something interesting, considering the impending hostile bid from Microsoft.

As I’ve already mentioned before this deal isn’t a good idea for the Web2.0 culture, that Yahoo has given us for the past few years in the form of Del.icio.us and Flickr. Now with this deal looming overhead, Yahoo would do better to launch Flickr Video. Stuart Butterfield (Flickr co-founder) had told TechCrunch last May that Flickr Video would be coming “soon”. This was reaffirmed by Bloomberg in August. But its already February now and we haven’t seen it yet.

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